Top 10 stocks bought and sold by mutual funds in Nov 2017

Mutual funds have received record breaking inflows of Rs5,893cr into the mutual fund industry via SIP in November 2017.

Dec 16, 2017 10:12 IST India Infoline News Service

Mutual Funds
Mutual funds have received record breaking inflows of Rs5,893cr into the mutual fund industry via SIP in November 2017.

During April-November 2017, the mutual funds have received Rs40,780cr of inflows in mutual funds via SIPs.

Equity mutual funds have given enormous returns in the last 1 year.

On an average, equity mutual funds and equity-oriented balance funds have given returns of ~36% and ~21% respectively in the last 1 year as on December 14, 2017.

The aforementioned data indicates that there is a significant shift in saving and investing habits of Indian investors.

Investor sentiment will continue to shift to mutual funds, particularly in equity funds, since the equity market is outperforming the other asset classes.

Market sentiment is bullish and the fund managers have also realigned their portfolio to beat the market.

Below are top 10 stocks bought and sold by mutual funds in November 2017.

Table 1: Top 10 Stocks bought by Mutual Funds in Nov 2017
Company Name Nov-2017 (Cr.) Oct-2017(Cr.) Absolute Change (Cr.)
1 Bharti Airtel Ltd. Rs 4,843 Rs 3,096 Rs 1,747
2 Infosys Ltd. Rs 10,380 Rs 9,446 Rs 934
3 ICICI Bank Ltd. Rs 15,015 Rs 14,135 Rs 881
4 Larsen & Toubro Ltd. Rs 12,036 Rs 11,321 Rs 715
5 Housing Development Finance Corporation Ltd. Rs 7,275 Rs 6,669 Rs 606
6 State Bank Of India Rs 12,083 Rs 11,538 Rs 545
7 Divis Laboratories Ltd. Rs 2,611 Rs 2,134 Rs 478
8 HDFC Bank Ltd. Rs 21,244 Rs 20,784 Rs 460
9 Titan Company Ltd. Rs 1,251 Rs 801 Rs 450
10 Mahindra & Mahindra Ltd. Rs 4,356 Rs 3,940 Rs 415
 
Table 2: Top 10 Stocks sold by Mutual Funds in Nov 2017
Company Name Nov-2017(Cr.) Oct-2017(Cr.) Absolute Change (Cr.)
1 Adani Ports and Special Economic Zone Ltd. Rs 775 Rs 1,407 -Rs 631
2 The Federal Bank Ltd. Rs 3,232 Rs 3,665 -Rs 433
3 Reliance Industries Ltd. Rs 6,025 Rs 6,407 -Rs 382
4 Bajaj Finance Ltd. Rs 3,096 Rs 3,473 -Rs 376
5 Aurobindo Pharma Ltd. Rs 2,451 Rs 2,821 -Rs 370
6 Petronet LNG Ltd. Rs 2,790 Rs 3,159 -Rs 368
7 Vedanta Ltd. Rs 2,406 Rs 2,749 -Rs 343
8 Lupin Ltd. Rs 769 Rs 1,110 -Rs 341
9 HCL Technologies Ltd. Rs 3,170 Rs 3,509 -Rs 339
10 UPL Ltd. Rs 2,142 Rs 2,437 -Rs 296

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